BankRankedBanks in Maine
7 FDIC-insured banks headquartered in Maine, ranked by total assets.
Maine is home to 7 FDIC-insured banks holding a combined $32.65B in total assets and approximately $26.26B in deposits (Source: FDIC BankFind). These figures represent banks headquartered in Maine and may not include all branches of out-of-state banks operating in the state.
Bangor Savings Bank is the largest bank headquartered in Maine with $7.35B in total assets, suggesting a relatively distributed banking market (Source: FDIC BankFind). The mix of national banks, regional institutions, and community banks in Maine provides consumers with a range of options based on their banking preferences.
Total Banks
7
Combined Assets
$32.65B
Avg ROA
1.03%
Largest banks in Maine
Bangor Savings Bank is the largest bank headquartered in Maine with $7.35B in total assets and 73 branches (Source: FDIC BankFind).
The Camden National Bank is a major bank headquartered in Maine with $6.97B in total assets and 74 branches (Source: FDIC BankFind).
Northeast Bank is a major bank headquartered in Maine with $4.95B in total assets and 9 branches (Source: FDIC BankFind).
Bar Harbor Bank & Trust is a major bank headquartered in Maine with $4.68B in total assets and 63 branches (Source: FDIC BankFind).
First National Bank is a major bank headquartered in Maine with $3.13B in total assets and 18 branches (Source: FDIC BankFind).
Banks headquartered in Maine
| # | Bank | Total Assets |
|---|---|---|
| 1 | Bangor Savings Bank | $7.35B |
| 2 | The Camden National Bank | $6.97B |
| 3 | Northeast Bank | $4.95B |
| 4 | Bar Harbor Bank & Trust | $4.68B |
| 5 | First National Bank | $3.13B |
| 6 | Maine Community Bank | $2.85B |
| 7 | Machias Savings Bank | $2.71B |
Source: FDIC BankFind, most recent quarterly data. Only includes banks headquartered in Maine. Data last updated: April 2, 2026.
How to choose a bank in Maine
When choosing a bank in Maine, consider what matters most for your financial needs. Maine has 7 FDIC-insured banks headquartered in the state, plus additional out-of-state banks with local branches. Each institution offers different strengths in terms of branch access, product variety, and community focus.
Consider whether branch access matters to you. If you prefer in-person banking, look for institutions with branches near your home or workplace. If you primarily use mobile and online banking, you may want to prioritize digital features and compare interest rates, as online-focused banks often offer higher savings APYs.
All banks listed on this page are FDIC-insured, meaning deposits are protected up to $250,000 per depositor, per insured bank, for each account ownership category (Source: FDIC). Beyond FDIC insurance, compare factors such as monthly maintenance fees, ATM networks, minimum balance requirements, and customer service availability. The CFPB recommends comparing at least three institutions before opening a new account.
Data Sources
FDIC BankFind: Financial data including total assets, deposits, net income, ROA, and ROE for all FDIC-insured institutions. https://banks.data.fdic.gov/
CFPB Consumer Complaint Database: Consumer complaint data by institution, including complaint volumes, response rates, and top issue categories. https://www.consumerfinance.gov/data-research/consumer-complaints/
Federal Reserve Economic Data (FRED): Interest rate benchmarks including the Federal Funds Rate, Treasury yields, and national savings rate averages. https://fred.stlouisfed.org/
BankRanked is not a bank, credit union, or financial advisor. This content is for educational purposes only and does not constitute financial advice. All data is sourced from publicly available government databases (FDIC, NCUA, CFPB, FRED). Consult a licensed financial professional before making banking decisions.